HS GovTech Solutions (XCNQ:HS) Change In Receivables : C$-1.47 Mil (TTM As of Jun. 2023)

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What is HS GovTech Solutions Change In Receivables?

HS GovTech Solutions's change in receivables for the quarter that ended in Jun. 2023 was C$0.00 Mil. It means HS GovTech Solutions's Accounts Receivable stayed the same from Mar. 2023 to Jun. 2023 .

HS GovTech Solutions's change in receivables for the fiscal year that ended in Dec. 2022 was C$-0.50 Mil. It means HS GovTech Solutions's Accounts Receivable increased by C$0.50 Mil from Dec. 2021 to Dec. 2022 .

HS GovTech Solutions's Accounts Receivable for the quarter that ended in Jun. 2023 was C$0.00 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. HS GovTech Solutions's Days Sales Outstanding for the three months ended in Jun. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HS GovTech Solutions's liquidation value for the three months ended in Jun. 2023 was C$0.00 Mil.

HS GovTech Solutions Change In Receivables Historical Data

The historical data trend for HS GovTech Solutions's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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HS GovTech Solutions Change In Receivables Chart

HS GovTech Solutions Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Dec21

Dec22

Change In Receivables

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-0.17

-0.38

0.38

-0.45

-0.50

HS GovTech Solutions Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Receivables	Get a 7-Day Free Trial															-0.64	0.19	-0.38	-0.63	-

HS GovTech Solutions Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.47 Mil.

HS GovTech Solutions (XCNQ:HS) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

HS GovTech Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	2.71	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, HS GovTech Solutions's accounts receivable are only considered to be worth 75% of book value:

HS GovTech Solutions's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0	+	0.75 * 0	+	0.5 * 0
=	0.00

HS GovTech Solutions Change In Receivables Related Terms

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HS GovTech Solutions (XCNQ:HS) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HS GovTech Solutions Inc (XCNQ:HS) » Definitions » Change In Receivables

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Address

750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7

Website

https://www.hsgovtech.com

HS GovTech Solutions Inc is a provider of web-based and mobile solutions for health and safety regulatory agencies across North America. The solutions offered by the company include Environmental Health, Code Enforcement, Fire & Safety, Virtual Inspections, Payment Processing, Mobile Inspections, and Citizen Portal. The Company operates in one industry segment within two geographical areas: Canada and the United States of America.

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